Frank Schnittger:

What is strikingly missing from all of this is any institutional force which canwill stand up for the interests of the EU as a whole - including its peripheral members.

Fixed. Both the European Central Bank and the European Commission could stand up for the interests of the EU as a whole. That would also be the job of the Council President or the Chairman of the Eurogroup but that must be like herding cats with no energy left to stand up for anything.

Of all the ways of organizing banking, the worst is the one we have today — Mervyn King, 25 October 2010